The strategist for commodities of the analytical division of Bloomberg Intelligence Mike McGlone believes that the probability of a 90% drop in bitcoine prices in the conditions of uncontrolled supply growth in the market is quite high.
"I've been studying this topic for a long time and the more research I do, the more I tend to bearish. All this is very similar to the Internet company of the late 90's, "McGlone emphasized.
Who is this McGlone, who then considers him an expert?
Lol I'm so done with done with these "wall street experts" and "Analytics" saying that bitcoin adn cryptocurrencies are just a bubble that is eventually going to crash . If bitcoin is going to crash It would happen when the blockchain gets somehow hacked or the internet gets shutdown somehow.
Those fat cooperate pigs have everything to win if bitcoin decrease in price ,they jump on the chance to bash and talk shit about it ,because they know the younger generation are all intressted in cryptocurrencies and not their boring stocks and indexes .
Boring stocks? Obviously, you haven't been following the biotech sector over the past 6-12 months. There are many companies with % gains that rival cryptos and have a long way to grow as their products clear FDA trials.